Refurbished iPhone 4S starts at $100, courtesy of RadioShack

0.phoneArena
25 Jul 2012, 00:20posted on

In case you want to own an iPhone badly, but your budget can't quite handle it, RadioShack is promoting an iPhone deal that you might want to take into consideration. Both Verizon and AT&T iPhone 4 and iPhone 4S smartphones are available at a discount price with an upgrade or a new 2-year commitment...

They are also selling BRAND NEW DROID RAZR's for the same price. The DROID RAZR comes with 4G Lte, a 4.3" screen, a full GB of RAM and a 1.2 GHz Processor. Sure the next iPhone will likely have 4G Lte and a GB of RAM, but you can get it now for only $99. http://www.radioshack.com/category/index.jsp?categoryId=4235714

yea, I like the new droid incredible 4g lte thats the phone im seriously thinking about gettin. It has all the right specs and the size is right where i want it to be, also to make it even better it has a REMOVABLE battery....hell yea

RadioShack shocked investors yesterday with an unexpected quarterly loss that sent its shares to an all-time low — and the company blamed its short-circuited margins on Apple’s iPhone.

Shares of the struggling electronics chain tumbled 29 percent to close at $2.60 — their lowest level in more than three decades on the stock market.

Immediately, fresh questions about RadioShack’s future surfaced.

“The iPhone is a huge, huge part of the problem,” according to Anthony Chukumba, an analyst at BB&T Capital Markets, who in March slashed his profit forecasts for Radioshack on iPhone-related concerns.

On the positive side, iPhones are luring more shoppers to RadioShack outlets, which have been losing customers to fast-growing competitors like Amazon.

But iPhones also carry skimpy margins compared to other, less popular smartphones, Chukumba told The Post.

The Fort Worth, Texas-based chain’s gross margin on a Motorola Droid RAZR phone, for example, is about 33 percent, while its margin on a BlackBerry Bold is about 40 percent, according to BB&T.

The iPhone, however, carries a gross margin of just 14 percent, as the retailer, as well as wireless carriers AT&T, Verizon and Sprint, are forced by Apple to subsidize the purchase price.

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